News Release

Synopsys Week in Armenia to be Held in Yerevan Starting September 29Synopsys Celebrates Development of a New Product as well as Joint Achievements of Academia, Business and Government in Republic of Armenia (RA) to Support the Development of the Armenian High Tech Industry

YEREVAN, Armenia – September 29, 2008 - Synopsys, Inc., a world leader in software and IP for semiconductor design and manufacturing, today announced that Synopsys Week in Armenia will be held in Yerevan from September 29 through October 3. Synopsys Week’s agenda includes a number of important events: The Third Annual Armenian Microelectronics Olympiad; a ceremony to bestow the Annual Educational Awards of RA President to the best IT students; a traditional meeting with the RA President at Synopsys; the 2008 Commencement Ceremony; a ceremony to award Synopsys Certificates to RAU students; a reception for the winners of the Presidential IT Awards and Microelectronics Olympiad; a community volunteer event; and guest lectures at the National Academy of Science of RA (NAS RA), State Engineering University of Armenia (SEUA), Yerevan State University (YSU), and International Exhibition Digitec ’08 (Appendix 1).

Among the accomplishments Synopsys will celebrate is the recent introduction of its Galaxy Custom Designer (TM) solution. Synopsys Armenia’s engineering team played a major role in developing this important and strategic new product. Galaxy Custom Designer is the electronic design automation (EDA) industry’s first modern-era mixed-signal implementation solution. Architected for productivity, Galaxy Custom Designer can provide a unified solution for custom and digital designs, thereby enhancing designer efficiency.

Dr. Chi-Foon Chan, president and chief operating officer for Synopsys, Inc., said, “Armenia is a very important location for Synopsys, and we are entrusting some significant developments to engineers here. The Synopsys Galaxy Customer Designer solution is an outstanding example of what the team in Armenia can accomplish, and we are proud of their work.”

Rich Goldman, vice president of Corporate Marketing and Strategic Alliances at Synopsys, and chief executive officer of Synopsys Armenia CJSC said, ”We have worked with academia, business, and the government in Armenia to build a productive, market-oriented environment that supports the development of the high tech industry in Armenia, which in turn benefits Armenia’s overall economy. Our combined efforts are proving to be fruitful, though there is still much work to do. Because so many people and groups in Armenia join in contributing to this success, we feel it is appropriate to celebrate all that we are doing together.

In most countries, a day would be sufficient for this, but in Armenia, an entire week can barely contain all the activities of this community. The week’s agenda is very full, and is indicative of everyone’s great efforts. I look forward to participating in Synopsys Week, celebrating our progress, and moving ahead with the great work we plan to accomplish together.”

“Declaring Synopsys Week in September is very symbolic because last year’s September was declared by the government as IT Month and was full with different related events,” said Hovik Musayelyan, executive director of Synopsys Armenia. “Synopsys Week does not mean that we are active for one week only. It simply means that we will present all our activities and accomplishments from the last 12 months in one week to promote interest in the high tech sector and our company’s role in its development.”

About Synopsys Armenia CJSCSynopsys established its presence in Armenia in 2004, shortly after Armenia’s declaration of information technology (IT) as a priority business for the country. Since then, Synopsys Armenia closed joint stock company (CJSC), has become one of the largest Synopsys sites outside of the US, providing R&D and product support in EDA, design for manufacturing (DFM) and the development of semiconductor intellectual property (IP). Currently, the company employs several hundred qualified Armenian engineers, and is one of largest IT employers in Armenia. To support its growth, the company is investing in IT education, and is engaged in a number of pioneering and successful cooperation programs with major Armenian universities, such as Yerevan State University (YSU), State Engineering University of Armenia (SEUA), American University of Armenia (AUA), Russian-Armenian (Slavonic) State University and the Moscow Institute of Electronic Technologies (MIET). To supplement these activities, the company consistently promotes public interest in the industry by sponsoring Presidential Awards for the best students in IT, contests among young specialists and students, and through media, charity work and volunteer activities. Synopsys Armenia CJSC is located in Yerevan. Visit Synopsys Armenia online at http://www.synopsys.am.

About the Synopsys for Armenia Charitable FoundationThe Synopsys for Armenia Charitable Foundation was established in July of 2005. It supports Synopsys’ R&D operations in Armenia through a number of educational and social initiatives. Its activities are divided into two sections: educational and social. The Foundation’s educational programs include support to all Synopsys educational programs for ongoing professional engineering education, conducted in cooperation with major Armenia universities. The Foundation also funds the RA Presidential Awards for the best students in the IT sector and sponsors various IT-related contests targeting students and young professionals. The foundation’s social activities primarily assist the local communities.

About SynopsysSynopsys, Inc. (NASDAQ:SNPS) is a world leader in electronic design automation (EDA), supplying the global electronics market with the software, intellectual property (IP) and services used in semiconductor design and manufacturing. Synopsys’ comprehensive, integrated portfolio of implementation, verification, IP, manufacturing and field-programmable gate array (FPGA) solutions helps address the key challenges designers and manufacturers face today, such as power and yield management, system-to-silicon verification and time-to-results. These technology-leading solutions help give Synopsys customers a competitive edge in bringing the best products to market quickly while reducing costs and schedule risk. Synopsys is headquartered in Mountain View, California, and has more than 60 offices located throughout North America, Europe, Japan, Asia and India. Visit Synopsys online at http://www.synopsys.com.

Synopsys Week Event’s Schedule

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Event

Date, Time

1

Third Annual Armenian Microelectronics Olympiad

Sept. 29, 10:00

2

Awarding the Annual Educational Awards of RA President to the best students and pupils in IT sector

Sept. 30, 12:00

3

Awards winners’ meeting with RA President Serzh Sargsyan at Synopsys

Sept. 30, 13:00

4

2008 Commencement for YSU and SEUA

Oct. 1, 11:00

5

Ceremony of awarding Synopsys Certificates to Russian-Armenian (Slavonic) State University (RAU) students

Oct. 1, 15:30

6

Reception for the winners of the Presidential IT Awards and Microelectronics Olympiad